Contact Property

Troy Corporate Center - 401-447 Elmwood Drive

Off-Market

401 Elmwood Drive, Troy, MI 48083

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Flex - Industrial
  • Property Size 45,567 SF
  • Lot Size 2.65 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1973

Location

  • Walk Score ® Car-Dependent (48)
  • Bike Score ® Somewhat Bikeable (44)
Powered by Walk Score ®
  • City Troy, MI
  • Zip Code 48083
  • Market Detroit

Points of Interest

Troy

2.56 miles

Royal Oak

3.61 miles

CDM Transport LLC

8.95 miles

Pontiac

9.98 miles

Sunoco

0.60 miles

Mobil

1.15 miles

Costco Gasoline

2.10 miles

Shell

2.83 miles

Ferndale Public Library

5.63 miles

Speedway

5.71 miles

eVgo

6.25 miles

Blink

6.25 miles

Shell

6.54 miles

Mobil

7.91 miles

Parking Lot E

7.09 miles

Student / Vistor Parking Lot F

8.69 miles

Student Parking Lot I

8.81 miles

Faculty / Staff Parking Lot E

8.89 miles

Parking Lot C

9.27 miles

Lot 12

9.52 miles

P51

9.58 miles

P55

9.63 miles

Meadow Brook Amphitheatre parking

9.93 miles

P18

9.95 miles

Subway

1.42 miles

Krispy Kreme

1.68 miles

Eddie V's Prime Seafood

2.31 miles

Brio

2.58 miles

Subway

3.29 miles

The Forest Grill

3.51 miles

The Lunch Cafe

3.64 miles

Sy Thai Café

3.73 miles

Oak City Grille

3.85 miles

Hambo Coney Island

5.51 miles

JCPenney

1.52 miles

Oakland Mall

1.55 miles

Marshalls

1.70 miles

Neiman Marcus

2.48 miles

Target

2.54 miles

Somerset Collection South

2.55 miles

Amazon 4-star

2.68 miles

Polish Cultural Center

2.68 miles

Somerset Collection North

2.69 miles

H Mart

3.08 miles

CVS Pharmacy

0.53 miles

Heart and Vascular Specialists

1.29 miles

Royal Oak Fire Station 3

1.59 miles

Children's Hospital of Michigan Troy

1.67 miles

Troy Fire Station 1

1.70 miles

Madison Heights Police Department

2.10 miles

Beaumont Hospital - Royal Oak

3.12 miles

Meadowbrook Urgent Care

3.23 miles

Birmingham Fire Department

3.35 miles

Holistically Well

3.50 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Troy

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Troy Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.61
  • 2020 Office Vacancy Rate 21.54%
  • 2020 Office Completions (SF)
View more Troy market trends

Tax

  • Market Value* $1,969,340
  • Assessed Value $1,969,340

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Troy Corporate Center - 401-447 Elmwood Drive?

Troy Corporate Center - 401-447 Elmwood Drive totals 45,567 square feet.

When was this property built?

Troy Corporate Center - 401-447 Elmwood Drive was built in 1973.

What is the market value for Troy Corporate Center - 401-447 Elmwood Drive?

The market value* for Troy Corporate Center - 401-447 Elmwood Drive in 2022 was $1,969,340.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.